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British printing magnate and philanthropist, Lord Gavron, has a net worth of $15 million. A Labour peer, Gavron chairs the Folio Society, a publisher. Now retired from the St Ives printing operation that he built up, he made about £29 million from share sales up to 1998. He is no longer listed as a St Ives shareholder, he will have made at least £5 million by selling his remaining shares. The Folio Society saw its 2010 profit double to more than £2 million on £24.8 million sales. It should be worth £20 million according to the magazine. In all, with other assets and property, Sunday Times estimated Gavron should be worth £55 million after huge charitable giving.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
1999 |
Earning Turned Donation |
Additional donation to the Labour Party |
$663,390 |
|
1996 |
Earning Turned Donation |
Donation to the Labour Party on the grounds that Tony Blair was “transforming” the party’s relations with business and industry and that the Tories had lost their claim to be the automatic party of business |
$663,390 |
|
1990 |
Earning Turned Donation |
Money donated to Neil Kinnock’s election campaign |
$133,000 |
|
1985 |
Asset |
Value of Robert Gavron's publishing house when the company came to the stock market in 1985 |
$23,880,000 |
|
1964 |
Asset |
Purchase value of a failing publishing house in 1964 that Robert Gavron renamed as the St. Ives Group and served as its chairman from 1964 to 1993 |
$6,630 |